What about fedi handles?
Right that's basically the whole point of the concept of code is law which applies to xmr as much as bitcoin.
On my desktop I'm using gossip which encrypts the locally stored key with a passphrase. It is lacking some features like reposting and public chat, but it works well enough. Still a wip I think.
There is also a paid relay accepting xmr at xmr.usenostr.org
> Here's a first... I just got an email because ChatGPT suggested an article I wrote to somebody. Could I send them a copy? Except, I never wrote the article, it doesn't exist. PLEASE realize right now that this tool isn't pulling out cool references for you. It's making plausible titles and matching them to authors names.
Bitcoin reminds me of clear backpacks https://shitposter.club/notice/ASlmfvB4y7IecTL8IS
You *could* argue that WWII was a money printing bonanza and the first test of the new system put in place in 33, but it decades after the Federal Reserve was born.
Bitcoin transactions are sooooo slow. Monero reduces the time spent waiting for funds or confirmation.
I guess it depends on who we want adopting it. If we want regulators, advertisers, auditors, and global financial manipulators interested, sure making an open ledger is a great idea. If we just want to trade privately amongst ourselves I don't see why it needs to be publicly readable.
Gold didn't fail because of it's difficulty in transport. That's a cope. It was banned by bankers who wanted to control the money supply. They took everyone's gold under threat of imprisonment. It was used for thousands of years prior to that, and the transporation technology has only improved over the centuries.
I don't have a problem with "paper" per se. I have a problem with a currency that is based entirely on debt. The Fed was born in 1918. WWII didn't start until 1939. Gold was outlawed in 1933 "in order to prevent the export, hoarding, or earmarking of gold or silver coin or bullion or currency" not because it was difficult and risky to transport.
> on April 5, 1933, one month after taking office, Roosevelt used the powers granted to the president by the Trading with the Enemy Act of 1917 to make gold ownership illegal. He issued Executive Order 6102, which made gold ownership--both in coins and in bars--illegal for all Americans and punishable by up to ten years in prison. Anyone caught with gold would also have to pay a fine of twice the amount of gold that was not turned over to the Federal Reserve in exchange for paper money.
My point was simply that the verifiability of the world supply isn't what ended it's reign as a currency. some 40 or 50 years where it was illegal to hold let the generations who were famliar with using it as a currency die off. In the meantime people were conditioned to believe that paper held similar value (once upon a time it did).
My relay hosting is paid in monero. Takes less than 5 minutes to make a payment to my hosting provider. One of my favorite things about monero (aside from the fact that my wallet is actually private) is the speed and cost of transacting on the network.
> Open distributed ledger wins
Klaus is that you?
It's funny it took thousands of years, the creation of the Federal Reserve, and legislation making it illegal to use to convince people of this :smirk:
RE A) LOL
RE B) I guess it depends on your content, your crowd, and your goals.
Not sure what you mean "monero isn't verifiable". If you mean you can't know how much I have without me letting you know sure that's true. If you are talking about individual transactions you are mistaken. You can generate payment proofs if necessary. As far as scarcity goes, the supply isn't fixed like Bitcoin (inflation is programmed in), but this means miners aren't going to lose interest unless we crank up the fees. The tail emissions in monero still inflate the currency far slower than regulators and bankers do.
Gold failed as money because the government made it illegal to hold. It had nothing to do with how much gold there was (or how much could be confirmed) in the world. It had to do with the fact that they wanted to print money and needed people to use the money they were printing.
Lightning is not private. It's been shown that transactions can be deanonymized. Not all that long ago the network was crushed by a single multisig transaction. Also lightning requires me to either trust a node operator (and pay them fees) or operate my own node and lock up funds on the lightning node in order to receive funds. With monero you have fast transactions, security, fungibility, privacy, and ease of use. It's also easier and cheaper to use. One thing we are lacking is integration into other services.